Dry CargoEurope

Ocean Yield sells handy bulker

Norwegian owner Ocean Yield has announced the sale of its 2018-built 39,800 dwt handy bulker La Loirais.

The vessel has been employed on a long-term charter to Louis Dreyfus Armateurs, who declared an option to sell the vessel to an unnamed third party.

Ocean Yield will receive proceeds of $16.2m and record a small book profit from the sale.

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.
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